First wave of upgrades set to begin in second half of 2025
Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, has officially taken over operations of Bohol-Panglao International Airport (BPIA) in Panglao, Bohol, marking a major milestone in the company’s expanding Airports platform.
The formal turnover from the Department of Transportation (DOTr) and the Civil Aviation Authority of the Philippines (CAAP) was completed on June 16, 2025. BPIA, dubbed the country’s “Green Gateway to the World,” becomes the third airport in AIC’s growing airport portfolio, alongside Mactan-Cebu International Airport (MCIA) in Cebu and Laguindingan International Airport in Misamis Oriental.
“We are excited to officially begin operations at Bohol-Panglao International Airport and bring our brand of operational excellence, innovation, and passenger-focused service to this important gateway. This project is about more than infrastructure — it’s about enabling tourism, empowering local economies, and creating more inclusive growth across the Visayas,” said AIC President and CEO Cosette V. Canilao.
BPIA, the Philippines’ ninth-busiest gateway and a vital tourism hub, is set for a series of planned upgrades under a ₱4.53 billion public-private partnership.
Over the next few years, AIC will expand the passenger terminal building, modernize landside and airside facilities, and install new airport systems and equipment.
Initial improvements will boost BPIA’s capacity from 2 million to 2.5 million passengers per annum (mppa) within the first two years of operations, with future developments pushing capacity to 3.9 mppa by 2030.
“This official handover marks the beginning of a new chapter for Bohol-Panglao International Airport. We are committed to transforming BPIA into a globally competitive gateway that reflects the beauty and hospitality of Bohol, while helping unlock its full tourism and economic potential,” said AIC Vice President and Head of the Airports Business Rafael M. Aboitiz.
The addition of BPIA further strengthens AIC’s presence in the Visayas, where the Aboitiz Group traces its roots.
With BPIA, AIC’s Airports platform now spans three key gateways in the Philippines, including MCIA — the second-busiest airport in the country and a 4-star Skytrax-rated facility — and Laguindingan International Airport, the country’s sixth-busiest airport, which AIC began operating in April 2025.
MCIA, LIA, and BPIA are part of AIC’s broader strategy to develop and manage infrastructure assets that deliver top-notch Filipino hospitality, better and smoother travel, and seamless connectivity across the Philippines.
As a unit of the Aboitiz Group techglomerate, AIC is leveraging its expertise in infrastructure and technology to drive sustainable growth in the country’s aviation sector.
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About Aboitiz InfraCapital
Aboitiz InfraCapital, Inc., the infrastructure arm of the Aboitiz Group, aims to build purpose-driven infrastructure that spurs economic growth and improves lives. Now in its 10th year, AIC develops Economic Estates as well as Water, Digital Infrastructure, and Transport & Mobility projects that enable businesses and uplift communities.
Aboitiz InfraCapital also operates the award-winning Mactan-Cebu International Airport in Cebu, Laguindingan International Airport in Misamis Oriental, and Bohol-Panglao International Airport in Bohol–the country’s second-busiest, sixth-busiest, and ninth-busiest airports, respectively.
Other business units include TARI Estate in Tarlac; LIMA Estate and LIMA Water Corporation in Batangas; Mactan Economic Zone 2 Estate and West Cebu Estate in Cebu; Apo Agua Infrastructura, Inc. in Davao City; and Unity Digital Infrastructure, Inc.
Aboitiz InfraCapital has a minority stake in Balibago Waterworks System, Inc., the fourth-largest privately-owned water distribution utility in the country.
